Psychology of Money

Jennifer Lopez Drives Fiat on Stage: Most Brazen Product Placement Ever?

At the American Music Awards last night, Jennifer Lopez shed her clothes, strutted back and forth on stage in a nearly nude body suit, and simulated sex with the rapper Pitbull. But because the performance featured a Fiat 500 at center stage for no sensible reason, JLo probably won’t be remembered for being raunchy, but for being a sell-out.

We Buy Fun Stuff With Credit, Dull Stuff With Cash

It’s well-documented that people cut loose and spend more when they’re paying with a credit card rather than cash. Scientists refer to this as a “decoupling of purchase from the pain of payment” — essentially, we don’t perceive credit cards as “real money.” But a new study takes this observation a step further by postulating that we …

8 Money Habits That Separate Doers From Dreamers

When it comes to securing financial security, are you a doer or a dreamer? By definition, financial doers have a better shot at reaching their retirement goals. No real surprise, they also have a much better shot at raising …

Workers With Bad Credit Aren’t Less Ethical

Nearly half of all companies check the credit reports of at least some prospective employees during the hiring process, according to the Society for Human Resource Management. This is a daunting statistic for many job-seekers, …

Nice Guys’ Credit Scores Finish Last

If you’re cranky, selfish, rude or all-around disagreeable, your grouchiness comes with one big silver lining: You’re likely to have better credit than people who are affable, friendly and otherwise pleasant company.

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